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LOUPInnovator Deepwater Frontier Tech ETF

Grow my money#1587 of 2944 for Grow my money

The fund normally invests at least 80% of its net assets (including borrowings for investment purposes) in the equity securities of companies the fund's manager considers to be on the frontier of the development of new technologies (“Frontier Tech Companies”).

Innovator ETFs · Since 2018 (7 years)

Annual Cost

0.70%

#3347 out of 5,332 ETFs

Fund Size

$154M

#2334 out of 5,332 ETFs

Dividend Yield

0.00%

Track Record

7 years

#1806 out of 5,332 ETFs

Performance

1 Year

+71.9%

3 Years

+35.8%

5 Years

+8.2%

What's inside

Asset class
Strategy
structured outcome

Asset allocation

Stocks
99.9%
Cash
0.1%

Top holdings

BE Semiconductor Industries NVBESI.AS5.9%
Sterling Infrastructure IncSTRL5.4%
Nu Holdings Ltd Ordinary Shares Class ANU4.9%
Reddit Inc Class A SharesRDDT4.9%
Credo Technology Group Holding LtdCRDO4.4%
Marvell Technology IncMRVL3.5%
Lam Research CorpLRCX3.3%
MercadoLibre IncMELI3.2%
Uber Technologies IncUBER3.2%
Rambus IncRMBS3.2%

Risk profile

Volatility (1Y)

28.4%

High

Max drawdown

-58.7%

Worst peak-to-trough loss

Sharpe (3Y)

1.04

Excellent risk-adjusted returns

Sortino (3Y)

1.51

Good downside protection

Similar ETFs

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Buffer
Warning

Buffer ETF — downside protection at a cost

Defined-outcome funds cap upside (typically 8–20%) in exchange for partial downside protection (9–30%), priced via options. Fees are materially higher than the underlying index (often 0.70%+ vs 0.03–0.10%). For most pre-retirees, a simple stock/bond mix achieves similar downside behaviour at a fraction of the cost.

Source: Morningstar, 'Defined-Outcome ETFs: Useful or Uneconomic?' (2023)

Why we flagged this: strategy=structured_outcome + structured_outcome_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

Data updated on 2026-05-05